The company was awarded WA-497-P in the Exmouth sub-basin of the North Carnarvon basin.
AWE said the permit lies near the Pyrenees, Vincent and Coniston oilfields and just to the north of the BHP-operated Macedon gas field.
The company will hold a 100% interest in the exploration permit and will serve as the operator for the initial six-year term.
AWE has committed to reprocessing existing 3D seismic data on the field using the same technology that sized up the Ande Ande Lumut, La Bella and Tui fields.
Neil Tupper general manager exploration and geosciences said initial reviews of the area identified a new play concept as well as proven plays in nearby permits.
“Exploration permit WA-497-P contains a number of interesting prospects that complement AWE’s...
